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Derive revenue recognition accounting date based on DFF value

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Summary:

Derive revenue recognition accounting date based on DFF value

Content (please ensure you mask any confidential information):

We import invoice from 3rd party system and populate following descriptive 2 flexfields at AR Invoice Transaction

License Issue Date

License Effective Date


As part of transaction import - License Issue Date is imported as 20-Sep-2023

As part of transaction import - License Effective Date is imported as 30-Sep-2023


Transaction is imported with Invoice Rule = In Advance and start date in Revenue Scheduling start date is imported as 15-Sep-2023


As per business requirement, we need to recognize revenue recognition with accounting date that is later of License Issue Date or License Effective Date

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